Drax has announced it plans to end further investment in the £1bn White Rose Carbon Capture & Storage project after completion of current work because of the government's decision to reduce subsidies for renewable energy. The two year project is being taken forward by the Capture Power partnership – made up of Drax, Alstom and BOC and is looking at the potential to capture up to 90% of carbon emissions from a new coal fired power station and safely store them beneath the North Sea.Drax has committed to complete the feasibility study which is due to complete in the next six to 12 months and has also confirmed that while at that point it would cease to commit further investment, it will continue to make the site owned by Drax, along with the infrastructure at the Power Plant, available for the project to be built.